Arianna on Bush on Tax Cuts

Snippets from Huffington's latest column:

"I've been racking my brain, trying to reconcile the ever-widening chasm between what the White House claims to be true and what is actually true. After all, we know the president and his men are not stupid. And despite the tidal wave of misinformation pouring out of their mouths, I don't believe they are consciously lying.

"Jobs are on the line," said Bush after the Senate passed its version of the tax cut. "I call on Congress to resolve their differences quickly so I can sign a bill that will help create jobs, boost take home pay and spur economic growth." And for those with "…illionaire" as part of their economic description, it probably will.

It obviously makes no difference to the president that 10 Nobel Prize winning economists have condemned his tax cuts as "not the answer" to high unemployment, or that a new Congressional Budget Office study found that the "jobs and growth package" will actually have very little effect on long-term growth. Not interested. Not listening. The 1.4 million jobs the White House repeatedly says the tax cuts will create are more a matter of a fanatic's faith than of dispassionate forecasting. The fact is there are now 2.1 million more unemployed Americans than when Bush took office -- the vast majority of them having lost their jobs after the president's initial $1.3 trillion tax cut was passed in 2001. Difficult evidence to ignore -- unless "ignore the evidence" is your eleventh commandment."

And HERE is NDOL's description of the Three Stooges of the Economy. Read it and weep (unless of course you are an "...illionaire").